💳 CREDIT CARD MISTAKES — HARD LESSONS WE WISH WE LEARNED SOONER
Let’s be real. For many of us, it’s not just a mistake here and there—we’re already in deep. Crumpled, crushed, beaten by debt. But hey, life doesn’t stop. And neither should we.
Now more than ever, we need to learn the diskartes—to survive, to take back control, and yes, to outsmart the CA crooks whose main goal is to bleed us dry while quoting terms and percentages.
So here are the lessons, learned the hard way.
These are tough lessons, but they’re real. And if we want to get back on our feet, we need to play smarter—not just harder.
This is our reality now—but it doesn’t have to be our future. Learn fast, manage the CA crooks, and hustle smart to recover.
Hello po. I've been receiving emails again from prescribed credit card loans from 10 years ago po. Just a reminder po, if your loans have already prescribed (10 years in case of credit cards), paying even a small amount of money or dealing with collectors, will reset it. So if you don't want it reset, don't pay even a small amount of money. Thank you po Banker and Ms. Cherry and everybody else who have helped me through this blog. Be aware of your rights po. Although we have made a mistake, we need to know our rights fully because it doesn't warrant that collectors abuse us.
ReplyDelete@ mouse.anomy most welcome and yes banks the creditor are just given 10 years to collect or file a case
Deleteafter prescribed time pwede na po ignore collectors
Also lawyers can be disbarred for unethical behavior. If you have evidence against these getting involved in unethical behavior you can file a complaint at the IBP. Gather your evidence. Harassment shouldn't be a go to mode for credit collectors. Even if they don't get disbarred they can still be suspended or reprimanded
ReplyDelete
ReplyDeleteI had 6 credit cards before at lubog na lubog ako sa utang na aabot yata ng lagpas 2M kapag itotal sila lahat. Resulta ito ng pagstay ko sa isang violent & abusive relationship with my ex husband- ako ang breadwinner at ako rin ang nagfund ng aming kasal noon. Hanggang ngayon I am working out with some of the banks’ restructuring programs para unti unting mabayaran sila- kaso one at a time kasi di ko naman kaya pagsabay sabayin lahat.
May nagtext sa akin, from PNP Police Corporal daw sya, . May nagfile daw ng complaint affidavit against me for 2 counts of estafa at hinatid daw sa kanila ng court server for preliminary investigation. Advise nya ay tawagan ang Attorney Na nagfile - Atty. Mario Luza Bautista at magrequest ng motion for reconsideration habang complaint palang at hindi pa subpoena. Nagrequest ako ng copy nung complaint affidavit para malaman ko kung sinong bank ito or ano ang details- pero for PNP investigation purposes lang daw yon, hindi pwede ishare.
Tinawagan ko ang number ng atty. that same day. Nakausap ko secretary nya pero busy daw si Atty, at magreturn call lang daw sila. Hindi naman sila tumawag. Dahil anxious ako niresearch ko yung pangalan ng atty. - Atty. Mario Luza Bautista- Director & General Counsel ng ABS CBN Corporation??!! Mukha naman pong tama ang due process Pero bakit head counsel ng ABSCBN or law firm nya ang naghahabol sa akin? Baka magkapangalan lang sila? What are the odds pati middle name pareho? Baka scam ito at bagong approach nanaman ang ginagawa ng mga crooks? Ngayon hindi ko alam kung totoo ba to o hindi, pero balak ko pa ulit tawagan sila next week para malaman ang details. Sa tingin ko muka namang legit yung pulis kasi magalang naman sya nakipag usap- unlike sa mga encounter ko before na nanghaharrass talaga.
Ano po kaya ang maiaadvise nyo? Sabi ngayon ng ate ko magconsult daw ako sa lawyer- pero iniisip ko baka another gastos nanaman yun?
Nagreply ako dun sa text ng supposedly PNP police corporal at inupdate ko sya na tinawagan ko na ang office ng atty. pero hindi sila nagcacallback- para sana maipakita na wala akong balak takasan yung debt- I am just trying to pay one card at a time or even 2 cards kapag kaya naman. Tama po ba? Ano po kaya ang maganda gawin?
Salamat po sa lahat ng sumasagot at patuloy na sumusuporta dito, napaka laking tulong po ng nagagawa nyo lalo na sa mga anxiety naming mga lubog sa utang.
Salamat po sa post na ito. Tanong ko lang po is legit ba ang mga debt settlement agencies na tutulungan ka raw nila mabayaran ang utang mo at half the amount or significantly lower amount than your actual debt? May naka experience na ba dito nun? May mga nakikita kasi ako sa social media ads na ganun.
ReplyDeleteAlso, sana po magkaroon tayo ng thread kung paano ang mga effective ways (like accountability buddy, snow ball method) para po unti unti nating mabayarand ang debts. Minsan kasi, sa hirap ng buhay at dami ng obligations at problema, parang ang hirap makafocus sa pagbabayad ng tuloy tuloy. Sana magkaroon din po tayo ng support group na ganun.
Marami po salamat ulit.
@ Ms. Kaba, yeah we have seen those offers but also me catch din... if I were you will just wait for that time na me extra money and keri to sustain the repayment arrangement and settle one account at a time of course you need to demand the endorsement letter from the bank na authorized si collector otherwise sayang ang hard earned money
Deletefirst time to ask po pero been a defaulter 2018
ReplyDeletesinave po ako nitong page na ito from my anxiety during pandemic
ngayon po nagsesend na sila email sa work and panay call sa work may sinend din po na subpoena via email sa work. how will I know of this is true? pls help me po on what to do? saka may way po ba na magstop sila ng pandadamay sa work?
I Hope this message finds you in a buoyant state of intellect.
We are sending you this letter to request name ko po
Whom we learned is still "CONNECTED" at work name SM FAIRVIEW, QUEZON CITY We humbly ask for your assistance in advertising the subject person to coordinate with our law firm to discuss about a very important "LEGAL MATTER" and PENDING CASE/COMPLAINT FILED AGAINST her and regarding the "Writ of execution for attachment Property". for us to finish our preliminary report.
May we also ask if you can help us or give us any info regarding the whereabouts of the subject person.
We look forward to your favorable response and will appreciate whatever assistance you may give pertaining to our request. You may reach us thru the following telephone numbers 09457124008 or you may send us an email at atty,garyocostales2021@gmail.com upon receipt of this letter and look for RAYMOND P. YU
We are hoping for your utmost and immediate attention regarding this matter and we highly appreciate your response after you read this message.
RAYMOND P. YU
Litigation Supervisor
Millardo Law firm and Associates
02 8774 6891 / 09561632613
Sir pwede po malaman anong credit card company po ito
DeleteHi. Same situation saken, they emailed our CS and requesting for assistance regarding nga daw sa pending case ko they filed. And so, the CS emailed to my boss, buti n lng ung boss ko mabaet and understood regarding this, i explained kung anong email eto and what it concerned to, sabi ko ds is from a collection agency on my CC, and i asked to inform the CS, not to entertain this kind of emails kasi d namn company related and its personal, after nun wala na nagparamdam and maybe all their emails (CA) are directly trashed.
Delete@monster good to hear na understanding ang boss and hr nyo...i guess that`s how things should be
Deleteinform right parties when collectors are trying to pester them
Sir pano po kaya ang gagawin ko may utang po ako sa BDO 45k, Security Bank 100k, UB 40k, China Bank 100k, RCBC 30k. Nawalan po ako mg trabaho kaya napabayaan ko po ang mga CC ko. Ngayon may bago na po akong work ang problema 22k lang ang sahod ko a month. Sobrang liit kesa sa dati kong sahod. Gusto ko po hulugan mga utang ko kasi kahit minimun due nila hindi kaya ng sahod ko sahil may ibang bills pa po ako. Yung ibang cards ko ay nasa collection na po. Sobrang stress na po ako at hindi ko na alam gagawin ko. Nag hahanap na rin po ako ng second job ngayon.
ReplyDeleteSana po mapansin nyo itong post ko. Maraming salamat po
Good morning po sa lahat. Manghihingi lang po ng advise and nag back read nadin po sa mga threads.
ReplyDeleteRecently nakatanggap po ng makapal na papel from court, and notice of hearing nakalagay for July 10 sa pasig. Ang nagfile po ng civil case si cases and chun RCBC bank po. 446k total ng 2 cards. 2023 lang po na default since hindi na kaya ang MAD.
Ang mga tanong ko lang po sana for clarification:
1. Solo parent po ako, possible po ba na may say yung solo parent ID ko when it comes to garnishment of wages? like hindi po lahat kukunin nila.
2. Gaano po katagal bago lumabas ang writ of execution? And paglabas po nito gaano kabilis ang garnishing ng sahod?
3. One time lang po ba ito (wage garnishment) or paulit ulit?
4. I work for an international bank dito sa ph, pero bpo po sya. Possible po ba na materminate ako sa trabaho kapag nalaman ni company ang civil case ko since foreign bank po itong pinag tatrabahuan ko?
5. Nag try po ako mag negotiate sa bank ng 60 months installment, pero 3 years lang po inoffer and masyado po malaki 17k per month hindi po kaya.
6. May retirement funds po kame. Possible po ba ito na masama sa garnishment considering na ipapasok nila ito sa payroll account if mag resign ako?
Ang kinakatakot ko lang po kase is baka i freeze nila ang bank account specifically payroll po. From there mawawalan po ako access sa income ko na bumubuhay samin mag ama. And if in case naman po na mag resign ako, baka same scenario lang din po ang mangyari kapag may new work and new bank payroll account ako eh ma freeze lang din po.
Nanghihina po ako pag naiisip ko na parang tatanggalan nila kame ng anak ko ng karapatang mabuhay because they will hold/garnish my salary.
Salamat po sa makakasagot. God bless po sa ating lahat.
Need help po. May nagpunta po sa bahay from ffmagtibay law office. May dala po demand letter. Di naman po nireceive ng nanay ko ung letter pero iniwan po sa bahay yung letter. Ano po ba kelangan ko gawin?
ReplyDeleteSalamat po sa sasagot
Nag text ang SB sa akin sinasabi sa pag ignore ko sa utang ko filing daw Finacial deregatory records n daw ako ano po kya yun sana masagot tanong ko pra maging payapa isip ko salamat po
ReplyDelete@breadwinner hi for now pls. focus on the needs of the family, pag me extra funds, you can settle one account at a time
ReplyDeletesorry medyo late ang reply as i had a difficult time logging in to my account
Silent reader for 2 years hello po mam cherrylou banker and sa lahat ng bumubuo sa blog na to defaulted po ako sa 6 banks gusto ko man magbayad pero Hindi na talaga kaya andito po ako ngaun sa abroad nagiipon konti tas naghihintay ng malaking discount para makasettle paisa isa aware naman Yung family ko na may utang ako sa Bank lahat naranasan ko na mga collector na magsesend sa HR niu ittxt Ang brgy capt mageemail sau na may criminal case kana daw..Ang bilin ko sa Bahay is ireceive lang ung mga sulat na dumarating ung ibang collectors mabait nmn ipapareceive lang pero khapon ngchat Yung pinsan ko gulat na gulat daw c nanay ko kc Yung collector ngpasama sa kgwd nmn Sinabi sa nanay ko na milyon daw ung utang ko cguro kharap ung kgwad sobrang iyak ko po kahapon kc binigyan ko ng kahihiyan pamilya ko which is totoo nmn senior na po kc c nanay ko 75 yrs old na dis July..madalas ignore lang po ako sa emails ng collector pero ung rcbc minsan nirereply ko kc from 47k I ask them if pwedi nlng 15k para masettle ko lang wala nmn reply..pls banker mam cherrylou and sa lahat po ng active members dto kung Anu po advice niu para lang Hindi na sana maulit ung naencounter ng nanay ko..and banker I'm willing to pay 2 yumburgers bsta lang po sana mapansin tong comment ko🙂
ReplyDeletecan you e-mail your cp number here?
Deletee3u73f5qu@mozmail.com
Ask ko lang po sana ano need pag magbabayad na ng full payment ng CC sa collector???
ReplyDeleteyou don't. Check BSP Cir. 702 👌
DeleteTanong ko lang po. Anong kailangan ko hingin po sa collector pagmagbabayad na ng full sa credit card??
ReplyDeleteHi po, banker. Remember me po, Melay.
ReplyDeleteMay summon po nakalagay s apapel. Bpi sya, ako po defaulted 2 yrs ago. 1M sdefaulted. Bakit po sps. Ksama ang husband ko. At sya po hinahanap ng messenger. Nka name sa knya. Pwro sa taas, 2 kmi. Wala po seal ang papel.. tapls yun case number , same lng ng case number sa email last month . From sp madrid
If there are inconsistencies you even noticed, would you be serious about it?
Deletep.s.
I am now "reTIRED Banker" for obvious reason.
sorry, maraming "Melay" sa buhay ko 😁
contact me here: e3u73f5qu@mozmail.com
just buy me a yumburger
Thank you, Banker. It was a pleasure talking you!
ReplyDeleteNaibsan na nman po ang pag aalala ko. God Bless❤️
Melay
thank you for the appreciation 😍
Delete